Home TON Strategy Launches Buyback, Staking Plan

TON Strategy Launches Buyback, Staking Plan

Share
News
TON Strategy Launches Buyback, Staking Plan | 3.0 TV
Share

TON Strategy Company has rolled out a $250 million buyback program after its shares plunged 40%, repurchasing more than 250,000 shares at $8.32—well below its treasury asset value of $12.18 per share. The move underscores management’s efforts to restore investor confidence and highlight the value of its digital treasury.

In addition to the buyback, TON Strategy announced it has started staking its 217.5 million TON tokens, positioning toncoin as the company’s primary treasury asset. At current prices of $3.24 per token, staking could yield up to 4.8%, translating into annual rewards of about $34 million.

This dual approach of buybacks and staking reflects a broader strategy to strengthen balance sheets and harness idle assets for returns. By actively deploying its crypto reserves, TON Strategy is seeking to stabilize its stock performance while reinforcing its commitment to toncoin as a long-term store of value within its corporate structure.

Share
Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

Leave a comment

Leave a Reply

Latest News

Fireblocks, Polygon, Stellar & Others Form Consortium | 3verseTV

Fireblocks, Polygon, Stellar & Others Form Consortium For Stablecoin Payments

Some of the biggest names in blockchain have come together to form a new group called the Blockchain Payments Consortium (BPC) to...

Japan’s Major Banks to Test Yen-backed Stablecoins Under FSA

Japan’s Major Banks to Test Yen-backed Stablecoins Under FSA

Japan’s Financial Services Agency (FSA) has given the green light to a pilot program for yen-backed stablecoins, led by three of the...

WhiteBIT Secures VASP In Argentina, Eyes Brazil Launch

WhiteBIT Secures VASP In Argentina, Eyes Brazil Launch

WhiteBIT has secured a Virtual Asset Service Provider (VASP) registration in Argentina and is preparing to soon launch operations in Brazil. The...

Italian Banks Back Digital Euro But Urge ECB To Spread Out Costs

Italian Banks Back Digital Euro But Urge ECB To Spread Out Costs

Italian banks have expressed their support for the European Central Bank’s (ECB) digital euro initiative, but are calling for the implementation costs...

Latest Blogs

AI + Crypto Agents — The Next Multi-Trillion Market?

Artificial Intelligence and crypto are converging, and the world isn’t ready for what’s to come next. Twitter, YouTube, and virtually everyone on...

Japan’s Major Banks to Test Yen-backed Stablecoins Under FSA

Japan’s Financial Services Agency (FSA) has given the green light to a pilot program for yen-backed stablecoins, led by three of the...

Crypto SIPs: A Guide to Crypto Investment

What is a Crypto SIP? Systematic Investment Plans (SIPs) in Cryptocurrency The investment environment with its extreme volatility has led to changes...

What is a Crypto Airdrop?

What Does Airdrop in Crypto Mean? Definition and Purpose of Crypto Airdrops Within the quickly changing cryptocurrency arena, novel approaches have surfaced,...

Related Articles

AI + Crypto Agents — The Next Multi-Trillion Market?

Artificial Intelligence and crypto are converging, and the world isn’t ready for...

Japan’s Major Banks to Test Yen-backed Stablecoins Under FSA

Japan’s Financial Services Agency (FSA) has given the green light to a...

Crypto SIPs: A Guide to Crypto Investment

What is a Crypto SIP? Systematic Investment Plans (SIPs) in Cryptocurrency The...

What is a Crypto Airdrop?

What Does Airdrop in Crypto Mean? Definition and Purpose of Crypto Airdrops...